About Direct Logistics India Private Limited
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Direct Logistics India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 11 August 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85110MH1998PTC186238. Its GSTIN is 27AAACD8774D1ZK (Maharashtra). The company holds 7 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.08 Cr. It is led by directors Sunil Devrani (Managing Director) and Sunita Devrani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 403/404 B Mangalya Premises Co – Op Society Ltd Off. Marol Maroshi Road Andheri (East), Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2023, the company reported a revenue of ₹86.4 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.56 Cr (net margin 180.8%) and EBITDA of -₹40.57 Lakh (EBITDA margin -47%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years and 47% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Direct Logistics. As per MCA filings, the company has satisfied charges of ₹48.79 Cr on record. Court records list 12 cases involving the company, including 6 filed by the company and 6 filed against it; 2 cases are pending. The company has 3 deals on record (1 funding round, 1 convertible or debt financing, 1 acquisition), with disclosed funding of ₹12.5 Cr; the latest was in September 2008.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website direct-logistics.com.
Company details
CIN history
Direct Logistics India has one previous CIN (Corporate Identification Number): U85110KA1998PTC024065. The current CIN is U85110MH1998PTC186238, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110MH1998PTC186238 | Current |
| U85110KA1998PTC024065 | Previous |
Contact details
Direct Logistics India Private Limited's registered office is in Mumbai, Maharashtra. Its website is direct-logistics.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address403/404 B Mangalya Premises Co – Op Society Ltd Off. Marol Maroshi Road Andheri (East), Mumbai, Maharashtra, India – 400059
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Direct Logistics India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Direct Logistics India operates one associated brand: Direct Logistics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Road and ocean freight services are provided globally. | direct-logistics.com |
Financials of Direct Logistics India Private Limited
FY 2024 filings availableDirect Logistics India Private Limited reported revenue of ₹86.4 Lakh (up 1493% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹86.4 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹40.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.56 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -47% | ||||
| Net Profit Margin | 180.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Direct Logistics India Private Limited, buy the company report.
Board of directors of Direct Logistics India Private Limited
Direct Logistics India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Devrani | Managing Director | 11 Aug 1998 | 28 Years 2 Months | Current |
| Sunita Devrani | Director | 11 Aug 1998 | 28 Years 2 Months | Current |
Auditor
Direct Logistics India Private Limited is audited by CHANDAK AGARWAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDAK AGARWAL & CO | FY 2023 | 135067W |
Shareholding
The shareholding of Direct Logistics India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Direct Logistics India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2007 | 10108065 | Standard Chartered Bank | ₹1.5 Cr | Satisfied | |
| 10 Sep 2007 | 10068616 | 3I Infotech Trusteeship Services Limited | ₹8.75 Cr | Satisfied | |
| 05 Oct 2006 | 10117239 | State Bank of India | ₹38.54 Cr | Satisfied |
To see the full charge records of Direct Logistics India Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Direct Logistics India Private Limited has 3 deals on record (1 funding round, 1 convertible or debt financing, 1 acquisition), with disclosed funding of ₹12.5 Cr; the latest was in September 2008.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2008 | Funding round | ₹10 Cr | Investors: SIDBI Ventures |
| Jun 2006 | Acquisition | ₹2.5 Cr | Buyer: SIDBI Ventures |
To see the full deal history of Direct Logistics India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Direct Logistics India Private Limited has 12 court cases on record: 6 filed by Direct Logistics India, 6 filed against it. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 4 | 1 |
| High courts | 4 | 2 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Sea Syst Engineering India Pvt Ltd | Pending |
| High Court | Arbitration matter | Filed by the company against M/S Bank Note Paper Mill India Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.A.S.) | Filed against the company by Bank Note Paper Mill India Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.S.) | Filed against the company by Bank Note Paper Mill India Private Limited | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Bank Note Paper Mill India Private Limited | Disposed |
To see the full case history of Direct Logistics India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Direct Logistics India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Direct Logistics India Private Limited has a workforce of 27 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Direct Logistics India has 7 GST registrations: 1 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD8774D1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Direct Logistics India Private Limited, buy the company report.
Recent activity
Direct Logistics India Private Limited has 6 board changes on record since 1998: 2 appointments and 4 cessations. The latest: Ranganathan Varadarajan Dilip Kumar ceased to be Nominee Director on 31 Dec 2014.
4 earlier events are in the company report.
Frequently asked questions
Direct Logistics India is an active private limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 11 August 1998 (28+ years old) and is registered under CIN U85110MH1998PTC186238.
Direct Logistics India has 2 current directors:
- Sunil Devrani - Managing Director
- Sunita Devrani - Director
The latest financial statements of Direct Logistics India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Direct Logistics India is 27AAACD8774D1ZK, registered in Maharashtra. The company has 7 GST registrations in all, of which 1 is active and 6 are cancelled or inactive.
The CIN (Corporate Identification Number) of Direct Logistics India is U85110MH1998PTC186238. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Direct Logistics India has 12 court cases on record: 6 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
Direct Logistics India was incorporated on 11 August 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Direct Logistics India has 3 deals on record (1 funding round, 1 convertible or debt financing, 1 acquisition), with disclosed funding of ₹12.5 Cr; the latest was in September 2008.
Ranganathan Varadarajan Dilip Kumar ceased to be Nominee Director on 31 Dec 2014. Pramod Kumar Vijayvargia ceased to be Nominee Director on 02 Jan 2012. Rajesh Kumar ceased to be Nominee Director on 20 May 2010. Direct Logistics India has 6 board changes on record in total.
Direct Logistics India can be reached through the website direct-logistics.com. Its registered office is in Mumbai, Maharashtra, India.
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